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February 7, 2011 2:08 PM
The Sensex at the Bombay Stock Exchange gained 127 points, to 18,135 in opening trade, on Monday morning, as investors bought fundamentally strong stocks at bargain prices. But the Sensex later pared its gains, to stand a more modest 45 points, or 0.3 percent in the green, at 18,053, a short while a...
February 7, 2011 1:48 PM
The Finance Minister, Pranab Mukherjee has expressed satisfaction over the estimated economic growth rate of 8.6 per cent. Talking to reporters in New Delhi on Monday, he said that this growth rate is quite encouraging in the wake of the rising inflation and trade imbalances. He said, despite challe...
February 7, 2011 10:13 AM
The Indian rupee rose by 4 paise to 45.55 rupees against the US dollar in early trade today. Dealers said a firm opening in the equity market and dollar weakness against the euro supported the rupee sentiment.
February 7, 2011 10:12 AM
The Sensex gained nearly 127 points in opening trade today as investors targeted fundamentally strong stocks available at attractive prices. The 30-share BSE index rose by 127 points to 18,135 points in early trade after shedding 441 points in the previous session on Friday. Similarly, broad-based N...
February 6, 2011 8:47 AM
Heavy Industries Minister Praful Patel on Friday said BHEL is likely the next candidate to get the coveted Maharatna tag, a move that will provide more financial flexibility to the state-run power equipment manufacturer."One of the companies which can qualify for Maharatna status in near fu...
February 6, 2011 8:44 AM
The Department of Post on Friday entered into a strategic partnership with the Unique Identification Authority of India (UIDAI) for registration and distribution of unique identification (UID) cards to Indian citizens."This is not a tactical, but a strategic partnership, where UIDAI will le...
February 6, 2011 8:43 AM
Finance Minister Pranab Mukherjee on Friday met film industry delegation, accompanied by Minister of Information and Broadcasting Ambika Soni, as part of his pre-Budget consultations."The delegation consisted of about 20 members including Yash Chopra, Ramesh Sippy and Mukesh Bhatt, all repr...
February 5, 2011 8:18 AM
Deputy Chairman of Planning Commission Montek Singh Ahluwalia today said that the overall inflation will come down to seven per cent by next month.Stating that inflation was a serious problem and the government is aware of it, Ahluwalia said the high food inflation was a seasonal spike and would com...
February 4, 2011 8:31 PM
The Government has extended the Easy Exit Scheme for the defunct companies for another three months. An official release says, the Ministry of Corporate Affairs had decided to introduce Easy Exit Scheme for a month till January only. Now this has been extended till April this year. This scheme gives...
February 4, 2011 7:42 PM
Deputy Chairman of Planning Commission Montek Singh Ahluwalia today said that the overall inflation will come down to seven per cent by next month.Stating that inflation was a serious problem and the government is aware of it, Ahluwalia said the high food inflation was a seasonal spike and would com...
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